United Rentals (NYSE:URI) Issues Earnings Results

United Rentals (NYSE:URI) issued its earnings results on Wednesday. The construction company reported $11.59 earnings per share for the quarter, missing analysts’ consensus estimates of $11.65 by ($0.06), Zacks reports. United Rentals had a return on equity of 34.73% and a net margin of 17.12%. United Rentals updated its FY 2025 guidance to EPS.

United Rentals Price Performance

Shares of URI stock traded down $8.65 during trading hours on Wednesday, hitting $758.30. 564,409 shares of the company’s stock were exchanged, compared to its average volume of 696,742. The company has a market capitalization of $49.76 billion, a PE ratio of 19.80, a PEG ratio of 1.73 and a beta of 1.69. United Rentals has a 12-month low of $596.48 and a 12-month high of $896.98. The business’s 50 day simple moving average is $769.13 and its 200-day simple moving average is $768.78. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 1.38.

Analysts Set New Price Targets

A number of equities analysts have recently commented on URI shares. Truist Financial cut their price objective on shares of United Rentals from $965.00 to $963.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. Robert W. Baird upgraded shares of United Rentals from an “underperform” rating to a “neutral” rating and set a $658.00 price objective for the company in a research report on Tuesday, January 14th. Bank of America raised their price objective on shares of United Rentals from $800.00 to $910.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Citigroup cut their price objective on shares of United Rentals from $985.00 to $835.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Finally, Baird R W raised shares of United Rentals from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $813.73.

About United Rentals

United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.